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inflationary finance

inflationary finance, interest on reserves, Quantitative Easing, budget deficits, Donald Trump
Money & Politics, News, The Fed & Central Banks

Interest On Reserves: A Secret Fiscal Weapon We're Better Off Without

George Selgin/January 25, 2017June 19, 2022

Whenever a government agency gains a new power, there’s a risk that, whatever the power’s original intent, it will end up being put to other uses, perhaps good, but often bad. Such is the case for the Fed’s power to pay banks interest on their Federal Reserve…

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Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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